Nov 28: Bitcoin Black Friday Has Arrived!
Bitcoin Black Friday has officially started, you can get an Xbox one for $300, three Trezor Bitcoin wallets for the price of two, or any of the other Black Friday deals going on at NewEgg and Overstock. NewEgg is also offering fourteen deals that you can only get if you use Bitcoin! All of the deals for Bitcoin Black Friday are now live on the site.
Digital rights activists, Bitcoin investors, NewEgg, and over 600 Bitcoin merchants are teaming up to launch Bitcoin Black Friday on November 28th. Set on the same day as Black Friday, this event is catered towards those who prefer to do their holiday shopping with the internet’s own currency, Bitcoin.
With Bitcoin being more widely adopted by merchants over the last year, the amount of locations Bitcoiners can spend their money at has grown to include sites like NewEgg, Overstock, Namecheap, and other well-known online merchants.
Since Bitcoin doesn’t have any middlemen, the cost to process transactions is zero. Merchants like NewEgg are able to give higher discounts while maintaining their margins.
Full details about the day are at http://BitcoinBlackFriday.com
There are over 500 confirmed participants including:
Namecheap – offering even cheaper domains and hosting when you pay with bitcoins
Private Internet Access – top rated VPN service sponsoring Bitcoin Black Friday
Gyft – discounts on gift cards to major retailers, and you can pay with bitcoin
Amagi Metals - gold and silver bars and coins on discount
SimpleNode - fast and affordable servers
HideMyAss VPN - industry known VPN provider
MixedTees - trendy graphic t-shirts
Purse.io - purse items through Amazon at a discount using BTC
BitcoinShop - aggregator of millions of products for sale
NewEgg - major electronics dealer
Reeds Jewelers - jewelery, rings, and necklaces for sale
CryptoCards - BIP38 encrypted bitcoin cards
GoElectronicCigarette - electronic cigarette vendor
MonsterMegs - hosting and server provider
All Things Luxury - fine jewelry and luxury goods
SchiffGold - offering silver bars and coins at a discount
BitcoinBowlPackages - tickets to the first ever Bitcoin Bowl
BeesBros - honey, candies, and beeswax from a family of beekeepers
Bitcoin Black Friday was first organized by Bitcoin evangelist Jon Holmquist three years ago, and garnered mainstream attention last year when digital rights group Fight for the Future helped make the event the biggest day in the history of Bitcoin commerce. This year’s event is the third annual event. The first year, 60 merchants participated, helping gain much needed attention and legitimacy for Bitcoin. The second year, 600 merchants participated and really proved that you can use Bitcoin for commerce. This year, with more than 1000 merchants projected to participate, the event will prove that you can do all of your holiday shopping with Bitcoin.
The Bitcoin Black Friday website has an FAQ for people who are new to Bitcoin, additionally, SnapCard will be processing small credit card transactions right on the website if new consumers want to instantly purchase some bitcoins to take advantage of the deals The wide range of merchants ensures that visitors can buy all sorts of things with Bitcoin including video games, organic coffee, diamond jewelry, web hosting, tax preparation services, clothing, gift cards to major retailers, or even a new computer.
"We’re really excited for this year’s event because it has all the opportunity to be much bigger than last year’s event" says Jon Holmquist, the founder of Bitcoin Friday, "Even though the Bitcoin prices might be lower than last year, the quantity and caliber of merchants participating this year has improved greatly. Consumers should be able to do most, if not all, of their holiday shopping with Bitcoin this year."
Bitcoin Black Friday is backed by a solid circle of Bitcoin believers. It would not have been possible without community support. It is also sponsored by several merchants as well BitPay and Circle.
More and more people around the world are turning to bitcoin as an exciting, secure, and innovative online currency. Bitcoin Black Friday will continue to rally the growing Bitcoin community and help merchants connect to a new vibrant and global market.